Archive · 2 Jun 2025
Data Sutram Raises $9M Series A for Global Expansion
Data Sutram, a company from Mumbai, India, that helps banks and other financial services detect fraud, has received $9 million in funding.
The company will use the money to expand its business internationally, improve its products, and grow its team.
They currently work to stop fraud when people first sign up for services, but they plan to monitor transactions as well.
Data Sutram uses special computer programs that analyze people's online activities to spot potential fraud.
The company aims to increase its revenue and grow to $10 to $12 million in the next 12 to 15 months.
It's like they're using high-tech tools to catch digital tricksters!
Data Sutram secured $9 million in Series A funding.
The funding round was led by B Capital and Lightspeed.
Funds will be used for product development, team expansion, and international growth.
Data Sutram focuses on fraud detection using AI and ML.
The company plans to expand into transaction monitoring and other sectors.
- Who
- Data Sutram
- What
- Raised $9 million in Series A funding
- When
- Recently
- Where
- Mumbai
- Why
- For global expansion, product development, and team growth
- Headquarters
- Mumbai
- Funding Amount
- $9 million
- Lead Investors
- B Capital, Lightspeed
- Focus Areas
- Fraud detection in onboarding, transaction monitoring
- Technology
- AI and ML to analyze digital behavior
- Revenue Growth
- 4x revenue growth last fiscal year
- Current run rate
- $3 million